Posts with tag: programming
Herc Holdings Inc. (HRI) reported a Q4 loss of $46 million, or $1.62 per share. Adjusted EPS was $3.58 on revenue of $951 million. For the year, the company reported a profit of $211 million, or $7.40 per share, on revenue of $3.47 billion.
Published on: February 13, 2025, 12:06 PM UTC
US stocks futures traded mixed Thursday as investors weighed prospects for US-Russia peace talks on Ukraine ahead of key inflation data, with focus on producer price index.
Published on: February 13, 2025, 12:01 PM UTC
PBF Energy reports a third straight quarterly loss as refining margins decline. The refiner's Q4 loss of $289.3 million is attributed to lower margins and reduced throughput.
Published on: February 13, 2025, 12:00 PM UTC
Egg prices are soaring, reaching record highs. Despite this, grocery stores are absorbing some of the costs to avoid passing on the full increase to consumers. They are employing strategies such as reducing discounts, implementing loyalty programs, and limiting purchases to maintain market share and customer loyalty. The avian flu outbreak has significantly impacted egg production, with over 158 million birds affected, leading to supply shortages and further price increases.
Published on: February 13, 2025, 11:02 AM UTC
US stock futures rise after hot inflation data, Nasdaq futures up 0.4%. Reddit tumbles after earnings miss, Robinhood gains on profit beat. PPI data due Thursday. Asian shares rise on US-Russia peace talks, AI hype.
Published on: February 13, 2025, 11:01 AM UTC
CVS shares soared nearly 15% after the company reported a beat on earnings and CEO David Joyner defended the company's pharmacy benefit manager unit.
Published on: February 13, 2025, 10:02 AM UTC
Trump administration cuts to NIH "indirect costs" funding cause concern in the drug research world, with potential trickle-down effects on mass layoffs, project cancellations, and reductions in biomedical research. The move, aimed at saving the government $4 billion, has sparked a lawsuit by 22 states and a temporary halt by a federal judge.
Published on: February 13, 2025, 10:01 AM UTC
CVS CEO's conservative outlook boosts stock 15%, defends pharmacy benefit manager amid scrutiny
Published on: February 13, 2025, 09:02 AM UTC
Political uproar, legal battles, and market turmoil ensue as the Trump administration slashes NIH funding, threatening drug research and alarming scientists and academics, leading to warnings of mass layoffs and reduced biomedical research.
Published on: February 13, 2025, 09:01 AM UTC
Sen. Elizabeth Warren says only Congress can shutter the Consumer Financial Protection Bureau, setting up a potential legal clash with President Donald Trump.
Published on: February 13, 2025, 08:02 AM UTC